India must do better to respond to challenges of society. - Indian growth stood at 5% during the 2012-2013 budgetary year, which closed at the end of March - the worst rate recorded in 10 years. While this rate seems high compared to levels recorded in the European Union, it is an under-performance for India, and many economists believe that this country will need to make at least 8% growth - even 9 or 10% - in order to respond to demographic pressure, invest in physical and social infrastructure, and fight against poverty. This will not be the case before 2014, according to OECD forecasts (see above). Over the last ten years, India has exceeded by six times 8% (in 2006-2007). (IL/transl.fl)